Cranswick Pass On Costs ; in Association with Www.Rbs.Co.Uk Food

Summary

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Food producer Cranswick said half-year profits climbed five per cent after it passed on rising raw material costs to consumers.

The meat specialist, whose supply contracts include Sainsbury's Taste the Difference range, achieved a surplus of pounds 18.5 million in the period to September 30, slightly ahead of City hopes. Like-for-like sales of sandwiches and bacon rose 24 per cent as turnover increased nine per cent to pounds 321.2 million.

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Cranswick Pass On Costs ; in Association with Www.Rbs.Co.Uk Food

Chairman Martin Dav...

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